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Participation rate is below 70% (account-balance holders / active employees) - enrollment or auto-enroll opportunity.
Participant contribution per participant is in the bottom quintile of the peer cohort.
Assets per participant are in the bottom quintile of the peer cohort - savings-rate / match opportunity.
| Metric | This plan | Peer set | Industry | Size |
|---|---|---|---|---|
| Avg account balance | $6,195 | $70,430-91.2% | $96,572-93.6% | $85,851-92.8% |
| Participation rate | 26.7% | 61.8%-35.1pp | 69.8%-43.2pp | 69.3%-42.7pp |
| Annual return | 14.01% | 18.58%-4.6pp | 37.79%-23.8pp | 318.63%-304.6pp |
| Employer contribution / active EE | $278 | $1,413-80.3% | $2,357-88.2% | $2,565-89.2% |
| Participant deferral / active EE | $419 | $2,894-85.5% | $3,850-89.1% | $3,952-89.4% |
| Admin fee / account holder | $62 | $4,996-98.8% | $6,183-99.0% | $6,261-99.0% |